RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

Winnebago Third Quarter Profits Helped by Increase in Towables

Wed Jun 22, 2016

145762292526352.jpgWinnebago Industries Inc.'s third-quarter profit rose more than expected as higher sales in the company's towables business helped the bottom line, according to a report by Market Watch.

"Continued strong growth in our towables business combined with a moderate climb in our motorized shipments drove increased revenues for the quarter," Chief Executive Michael Happe says.

The company reported that shipments of its motorized units rose 12 percent, while its towables increased 62 percent. In the towables segment, the company said it worked on providing more products, more distribution and better service.

Additional Information: http://www.marketwatch.com/story/winnebago-profit-buoyed-by-sales-of-towables-2016-06-22